MachineFi Lab offers an infrastructure suite that includes an Ethereum Virtual Machine (EVM) blockchain, a multi-chain crypto wallet, a blockchain bridge, an onboarding platform, and software development kits (SDKs) for developers to create applications and machine networks.
Key customers and partnerships
MachineFi has partnered with HealthBlocks for the application of the W3bstream framework for user interactions with intelligent wearable devices and machines. HealthBlocks is a Web3 health app that motivates users to lead healthier lifestyles by allowing them to earn rewards for healthy activities, such as sleep, exercise, and driving safely.
Funding and financials
The company raised USD 10 million in seed funding in June 2022 at a USD 100 million valuation. The funding round was co-led by Samsung Next, Draper Dragon Fund, and Jump Crypto. The funds raised were utilized for enhancing the platform, scaling its workforce, and incubating new initiatives built on the platform.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.